What does Vale do in Brazil mean?

Vale is one of the largest iron ore producers in the world and one of the largest companies in Brazil. The company was founded in 1942 and its headquarters is in Rio de Janeiro, Brazil. There are mining and railway infrastructure in Brazil, Canada, Australia, India, Oman and other places, mainly producing iron ore, nickel, copper and other mineral products. In 20 17, the company's net income reached $4.4 billion.

Since its establishment, Brazil's Vale has been the economic pillar of South America. Its investment and innovation have promoted the development of many local industries and provided huge tax revenue for the local government. In addition, Brazil's Vale actively responded to the call of environmental protection and sustainable development, and made great contributions to the local ecological environment.

Although Brazil's Vale is a company with a history of 130 years, it comes from a remote area of Brazil with a relatively harsh environment and has experienced many difficulties and setbacks in its development. In particular, the "mine disaster" in 20 15 years caused the company's share price to plummet, and it took a long time and energy to restore the damaged public trust. However, Brazil's Vale still plays an important role in Brazil's economy and has made great contributions to the local and international economy.